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Challenges with NHIS hindering quality malaria care, other basic health services

Deprived communities and vulnerable groups are contending with various challenges related to the National Health Insurance Scheme (NHIS) as they try to get access to basic health care, a situation that is undermining the country’s efforts to scale-up effective malaria case management and also accelerate Ghana’s march towards universal health …

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Health sector pensioners assured of lump sum payments come January 2020

The Board of Trustees (BoT) of the Health Sector Occupational Pension Scheme (HSOPS) has assured its contributors that they are reasonably ready to take over payments of lump sum come January 2020. Dr Derek Amoateng, the Chairman of the Board of Trustees of the Health Sector Occupational Pension Scheme, gave …

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Re-look at the subsidy base of NHIS – Abban

Mr Alexander K. Abban, the Deputy Minister of Health, says Ghana has to adopt a health financing strategy that would propel the level of progress towards achieving Universal Health Coverage (UHC) by year 2030. He said to achieve a breakthrough, there was the need to have a re-look at the …

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Insurance companies called to market annuities for pensioners

Insurance companies have been tasked to consider marketing annuities for pensioners instead of allowing them carry their lump sums home. Mr Kofi Andoh, Deputy Commissioner of the National Insurance Commission (NIC), said although annuities are not part of the country’s insurance products, it would be good for industry players to …

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State to produce IT Expert in SSNIT OBS Contract case

The State is to provide an Accra High Court with an Information Technology (IT) expert from the SSNIT to inform it as to when logs or files relating to the Operational Suit (OBS) Contract could be made available. This has been necessitated because Mr Rahman Mujeeb Ahmed, Counsel for John …

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Supreme Court throw’s out former SSNIT CEO’s application for special leave

The Supreme Court has dismissed an application for leave brought by Ernest Thompson, former Boss of the Social Security and National Insurance Trust (SSNIT), on the grounds that his circumstance for the application had not been met. Thompson had gone to the Supreme Court with a motion on notice for …

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Ensure transparency in Pension Trustee Administration – CEO

William Asiedu Yeboah, the Chief Executive Officer of Negotiated Benefits Trust Company Limited (NBC Ghana Trust), has called for transparency in corporate and individual trustee administration. Commenting on the impact of the banking reforms on pension funds, the NBC Ghana Trust CEO stressed that the board of trustees for each …

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Ghana signs MoU with Germany to finalise membership in ATI

Ghana has signed a Memorandum of Understating (MoU) with KfW, a German State-owned development bank, to finalise membership in the African Trade Insurance (ATI) Agency towards lowering borrowing costs, extending tenors and increasing investments. As the first financing agreement under the Reform and Investment Partnership with Germany, the MoU assisted …

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Gloomy pension future for 90% of Ghana’s private sector workers

Most of the people employed in Ghana, work in the private sector. Some 85 per cent of all people employed, work in that sector, but they have no pension future, according to the National Pensions Regulatory Authority (NPRA). The NPRA says 85 per cent of the working population in Ghana …

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Private Pension Scheme assets said to have grown to GH¢13.1b

Mr Ernest Amartey- Vondee, Director of Regulation, National Pensions Regulatory Authority (NPRA), said the private scheme assets have grown to GH¢13.1 billion while that of SSNIT stood at GH¢9.24 billion. That, he said, was an indication that the tier-2 Pensions Scheme is a better choice, adding that “there is the …

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